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What is customer lifetime value?
The CLV is the total value that a customer is to a business for the whole period of association.
The CLV is the total value that a customer is to a business for the whole period of association.
See lessWhat is competitive advantage?
It is that attribute held uniquely by a firm that enables such a firm to outperform its competition.
It is that attribute held uniquely by a firm that enables such a firm to outperform its competition.
See lessWhat is an IPO?
An IPO is short for Initial Public Offering, which is basically a private company's first sale of shares to the public.
An IPO is short for Initial Public Offering, which is basically a private company’s first sale of shares to the public.
See lessWhat is corporate social responsibility?
It is a company's commitment towards ethical behavior, social equity, and environment sustainability.
It is a company’s commitment towards ethical behavior, social equity, and environment sustainability.
See lessWhat are the responsibilities of the CEO?
The Chief Executive Officer is responsible for the overall management, strategy, and performance of the company.
The Chief Executive Officer is responsible for the overall management, strategy, and performance of the company.
See lessWhat is a value proposition?
A value proposition is a statement indicating why customers should choose a company's product or service over that of the competition.
A value proposition is a statement indicating why customers should choose a company’s product or service over that of the competition.
See lessWhat is the difference between revenue and profit?
Revenue is defined as the total income received from the sale of a good/service, while profit is the money remaining after subtraction of all expenses from the revenue.
Revenue is defined as the total income received from the sale of a good/service, while profit is the money remaining after subtraction of all expenses from the revenue.
See lessWhat is segmentation?
Segmentation involves breaking down a market into homogeneous groups of consumers who have comparable needs or characteristics.
Segmentation involves breaking down a market into homogeneous groups of consumers who have comparable needs or characteristics.
See lessWhat is a business model?
The business model depicts how the firm generates, delivers, and captures value.
The business model depicts how the firm generates, delivers, and captures value.
See lessWhat is the difference between adaptive cruise control and normal cruise control?
Regular cruise control holds a steady speed, whereas adaptive cruise control system uses its sensors to automatically modulate the speed of the car besides ensuring a safe distance from that of the vehicle in front.
Regular cruise control holds a steady speed, whereas adaptive cruise control system uses its sensors to automatically modulate the speed of the car besides ensuring a safe distance from that of the vehicle in front.
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